Australian Retail Market Overview Q3 2023

Q3 2023 statistics on the national Australia Retail markets

November 10, 2023
  • Andrew Ballantyne
  • Andrew Quillfeldt

Consumer spending has surprised on the upside despite the RBA’s sharp increase of the cash rate target since May 2022. Although Australia’s year-on-year retail trade growth continues along a well-flagged decrease, consumers are still spending over AUD 35 billion per month on retail compared with AUD 28 billion per month before the pandemic, a 28% increase.

Fill out this form to download report

There was an error submitting the form. Please try again. 


Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally, the personal information we collect from you are for the purposes of downloading materials you have requested.

We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.